Greece’s leftist-led government has survived another parliamentary
vote on a reform bill demanded by the country’s international lenders.
In return Greece gets 1 billion euros to pay off debts.
The bill makes changes to the public sector wage grid and opens the market for banks to sell off bad loans.
Greece’s Deputy Finance Minister George Chouliarakis addressed the chamber.
“This bill serves as a solution for non-performing loans and, as a
consequence, also helps liquidity and boosts the economy. It does this
while – and this is its aim – it protects the households and businesses
that are most vulnerable.”
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